Despite it might seem unusual but I expect btc up and eth to continue down

#btcusdt #btcperp
And here where fake breakout is happening under 28k, huge liquidation happening on margin positions.

I still expect blood here and relief in a few days for one month.

We could start seeing bottom on September/October

And here we are. Now let's go to build a bottom above this fake breakout.

If you think that $dxy can retrace from now, as it seems , it’s wise to buy even $gold $xau dip if you are 50-60%+ in stablecoin, because the relationship is not only with #Bitcoin   , if $ goes down, $gold goes up, its pure math.

https://twitter.com/criptopaul/status/1524678649835839488?s=21&t=VJ02AMFxud38AynmFWTfqg

Btc dominance and Ethbtc pairs are clearly 2 opposite structures here.

how does BTC D go up? both with a collapse, btc loses 10% and eth 5% for example but especially with a rally of btc. I expect 3-4 months of low volumes and bleeding on the altcoins market.

Remember this chart? That deviation and fake breakout is happened and as usual people started to call bearish target.

#BTC #ETHUSDT

Local bottom is here without any doubt, also my own indicator based on ATR, volume, rsi and some ema on find divergence and trend exhaustion show this.

Why i said local bottom?
Cause until we will not see HH and LH on major timeframe we are still on bear

some spot orders have been filled on btc avax eth and bnb and we will see some 10-30% on these pairs.

On #btcusd we need to see this before calling a trend reversal. Be careful out there, the Fed has just started draining liquidity.


If you want manage your risk here you can use max 5x lvg for btc/avax/eth , it means your liquidation on btc for example will near 24k , and a 34-36k could be a nice take profit. And 2600 for eth and 40+ for avax.

BTC D creating bullish trend as we have not seen it since February 2018. This is something to consider, see btc overperform in this bounce then in the next dip again would be brutal for altcoin.

Just only something to look at it and maybe not to worry now

01-31-2022
''I think it will lateral for 28-48k''

Noodles is only 35k followers, really cheap for now... 🤣

Help me to grow if love my contents

#ethbtc

I was right again about ethbtc and BTC D.
The sad thing? This is only the begin.

Here the correlation with $dxy as you can see it is a scissor correlation and indicates risk attitude from the traders/merchants and how cycles work ...

Good summer to all. See you

Why am I showing this?

Because the market is like the motion of the sea, there are times when money comes in and times when money goes out, that's why people look at #dxy dominance, when money comes out people are inclined to save and there is demand for the dollar. This also coincides with the current restrictive monetary policy of the FED, QT serves precisely to induce people, families, businesses to depress spending and demand for goods and services, aimed at reducing inflation.

Again.. i still think we can see a bounce at this level?

Yeah, but we can also see a BTC solo pump, or in any case go to absorb liquid in these dip-bounce then dip again. It will take a long time before to see a general bottom of the market and a reversal trend, do not delude yourself that it can happen soon, this cycle it’s over, get ready for the next, learn from all the mistakes, only in this way you can treasure about the wrong choices, but learn how to do less wrong choices in the future.

ETH to 1500$ its just a matter of time